Due to the rising cost of fuel and the environmental damage to our planet, people are looking to alternatives. Fuel supply is finite and the price of gas just soars.
The price of crude oil behaves as any other commodity with wide price swings in times of shortage or oversupply. The price cycle may continue for years in response to pressures driven by OPEC and non-OPEC countries production and relevant global demand.
With dire predictions of the consequences of global pollution and its effect on the environment, leading car manufacturers are taking a serious look at the electric car.